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Take a drive and see these 10 Acres in McAlpin, FLORIDA, Suwannee County! PERFECT FOR BUILDERS, HOMESTEADERS OR INVESTORS. This property is Zoned A1 Agricultural Zoning, allowing for Versatile land use with a density of 1 dwelling unit per 5 acres. This property allows you to build 2 single-family homes, as well as mobile homes, Barndominiums, Tiny Homes, Container Homes, manufactured homes, or Build a farm with minimal restrictions. There is Plenty of space for privacy, outbuildings for your toys and animals, or swimming pools. Not in a Flood Zone, No HOA, and No restrictions. Qualified buyers can finance this property with 25% down. The location of this property is ideal for those who want the peace of rural living without being too far from the conveniences of city life. This property is located only minutes from US-129 for easy regional access and is 11 miles from Live Oak. Live Oak is also Known for its friendly and welcoming atmosphere; it offers a range of local shops, restaurants, and parks. The town is famous for its community events, bringing residents of all ages together. Land values in Suwannee County continue rising as more buyers seek affordable Florida property with development potential. This parcel offers exceptional value and accessibility with no restrictions – features that typically command premium prices. Financing with just 25% down makes this an exceptional opportunity for those seeking affordable land ownership in North Florida!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $86,400 | $86,400 | $86,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.971% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $546 | $568 | $723 |
Total Monthly Payment | $621 | $643 | $798 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.